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The Water Cooler
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Selling home any tips?
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<blockquote data-quote="swampratt" data-source="post: 2109542" data-attributes="member: 15054"><p>I sold all my homes and properties and a few friends by myself..always got my asking price..</p><p>I was never in a hurry...Today the banks will not loan money like they used to.</p><p>Lot's of people with their own money now...and these people want to by homes as rental properties..</p><p>I have rental properties...good investments if you do it right.</p><p></p><p>I have no idea how much your payments are.. but if you could rent it out for more than the payment..it may be in your interest to keep it.</p><p>Unless you are planning on using the money from the sale to get your new place..</p><p>That is the way i did my first home.</p><p>Got the first house and lived there for 9 years payed it off and sold it for 2x what i paid for it.</p><p>second house paid off in 25 months..saved money and got another house..paid off in 5 years..and during this time got 2 more and paid them off in cash the day of the sale...</p><p></p><p>Rentals can make you some nice money and you still own the property...just saying.</p></blockquote><p></p>
[QUOTE="swampratt, post: 2109542, member: 15054"] I sold all my homes and properties and a few friends by myself..always got my asking price.. I was never in a hurry...Today the banks will not loan money like they used to. Lot's of people with their own money now...and these people want to by homes as rental properties.. I have rental properties...good investments if you do it right. I have no idea how much your payments are.. but if you could rent it out for more than the payment..it may be in your interest to keep it. Unless you are planning on using the money from the sale to get your new place.. That is the way i did my first home. Got the first house and lived there for 9 years payed it off and sold it for 2x what i paid for it. second house paid off in 25 months..saved money and got another house..paid off in 5 years..and during this time got 2 more and paid them off in cash the day of the sale... Rentals can make you some nice money and you still own the property...just saying. [/QUOTE]
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